The Impact of Governance on the Level of Disclosure and its Role in Attracting and Supporting Foreign Investment: Model of Qatar Stock Exchange
DOI:
https://doi.org/10.51325/ijbeg.v1i1.11Keywords:
Investment Environment; Portfolio Investment and Direct Investment; Governance; Market Efficiency; Disclosure; Qatar Exchange.Abstract
The aim of this paper is to shed light on the role of financial market efficiency in attracting foreign investments. To this end, the paper discusses the different investment types, the financial market efficiency, the effect of governance on disclosure, and its role in attracting foreign investment. The subject is emphasized from a general view and from a particular one when addressing the case of Qatar Stock Exchange. The results show that governance plays an important role in increasing the level of disclosure, a contributing factor to attract foreign capital. The latter is considered a pillar for the success of the financial market as well as of investors. The results also reveal that Qatar Stock Exchange, despite its recent establishment and the existence of many obstacles that prevent it from expanding as required, was able to achieve remarkable results in attracting foreign investments.
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